competitor monitoring

Competitor monitoring is the ongoing process of keeping track of competitors’ activities, strategies, and performance. It helps in understanding market trends and making strategic adjustments.

Can I implement a dynamic pricing system based on demand or availability in my eCommerce application?

Yes, you can implement a dynamic pricing system based on demand or availability in your eCommerce application. This system allows you to adjust prices in real-time based on factors such as customer demand, competitor pricing, and product availability. By implementing a dynamic pricing system, you can optimize your pricing strategy to maximize profits and stay competitive in the market.

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